Hot streak

There have been 8 straight record-breaking years for sales of certified pre-owned vehicles since 2010.

Sales

% change from previous year

2018

2,701,669

2.1%

2017

2,646,322

0.1%

2016

2,643,504

3.5%

2015

2,553,973

9.1%

2014

2,340,775

11%

2013

2,112,667

15%

2012

1,834,839

5.3%

2011

1,742,890

6.5%

2010

1,636,735

7%

2009

1,529,284

-9.7%

2008

1,693,890

1%

It was followed by Honda at 265,120, an increase of 1.9 percent; and Chevrolet at 241,765, a rise of 1.7 percent. CPO sales are also expected to be strong in 2019 because of the sheer number of vehicles coming back from leases.

Lease maturities rose 11 percent in 2018 to 3.85 million and are expected to peak at 4.08 million during the first half of this year, according to Cox estimates.

In the back half of 2019 and into 2020, the off-lease supply is expected to decrease. Along with this, the share of cars coming in off lease is expected to continue to decline.

Overall, used-vehicle sales are projected by Cox to be flat at 39.5 million units in 2019.